In the News

Hatch Extols Charitable Giving as Nonprofit Leaders Tell Congress to ‘Grow Charity Now’

The Alliance for Charitable Reform partnered with the Council on Foundations and Independent Sector to bring nonprofit leaders to Washington, D.C. on June 16 to meet with congressional offices about current legislation supporting charitable giving. The fly in/speak out day was dubbed “Grow Charity Now.” “Our organizations all understand that philanthropy and charitable giving are […]

Senate Legislation Aims to Expand Charitable Giving, Urges Protection of Charitable Deduction

WASHINGTON, D.C.— Senator John Thune (R-SD) and Senate Finance Committee Ranking Member Ron Wyden (D-OR) introduced today S. 2750 – the Charities Helping Americans Regularly Throughout the Year Act, or CHARITY Act – which includes three provisions strongly supported by the Alliance for Charitable Reform (ACR): a flat one-percent private foundation excise tax, an expansion […]

Private Philanthropy Tackles Global Public Health Threats

The Washington Post recently reported that philanthropist Paul Allen, co-founder of Microsoft, gave $2 million to support the fight against the Zika virus. The money will be deployed through a partnership with the Red Cross, with most of it financing mosquito control in countries where the virus is on the rise and $500,000 supporting the […]

An In-Depth Look at the Charitable Provisions in the President’s Budget

President Obama unveiled his $4.1 trillion budget proposal for fiscal year FY2017 on Tuesday. Below is a list of provisions that would affect the nonprofit sector. ACR’s original statement on the budget proposal is available here. Cap on Itemized Deductions The proposal limits the value of all itemized deductions to 28 percent for the 33-percent, […]

ACR News 1.29.16 – The Blizzard, The Caucus, The ACR Summit

>> Federal: Washington Roundup >> Federal: Presidential Campaign >> Federal: ACR Summit for Leaders >> Consider This: Digging In >> Top Reads: Charitable Giving Will Grow in 2016 and 2017: Report Washington Roundup The House of Representatives canceled its session this week due to Winter Storm Jonas, while the Senate worked on a reduced schedule. […]

Tax Extenders Makes Charitable Provisions Permanent

WASHINGTON, D.C.— The Alliance for Charitable Reform (ACR) issued the following statement upon the release of a legislative package of tax provisions commonly referred to as tax extenders. “We are pleased that the year-end tax bill provides certainty to donors and charities by permanently extending three key charitable giving incentives. ACR and our partners in […]

ACR News 02.06.15 – Hot, Warm, and Cold

>> Federal: Washington Roundup >> Federal: Ways and Means Approves Charitable Bills >> Federal: Charitable Proposals in Budget a ‘Mixed Bag’ >> Federal: Chairman Hatch Announces Working Groups and Timeline >> Federal: ACR Summit >> Consider This: Hot, Warm, and Cold >> Top Reads: Obama Budget Again Calls for Limit to Charitable Deduction   Washington […]

Donor-Advised Fund Spend-Down Proviso May Be Cut From Future Tax Overhaul Drafts

Reproduced with permission from Daily Tax Report, 204 DTR G-7 (Oct. 22, 2014). Copyright 2014 by The Bureau of National Affairs, Inc. (800-372-1033) <http://www.bna.com> Oct 21 – A five-year spend-down requirement for donor-advised funds might be eliminated in future drafts of the Tax Reform Act of 2014, a House Ways and Means senior staff member […]

ACR News 10.17.14–Wyden, Hatch, and Boehner Comment on Tax Reform

>> Federal: Washington Roundup >> Federal: Annual Meeting Completed >> Consider This: Powerful Imagery >> Top Reads: Give to Charity Like Bill Gates…Without Being Bill Gates   Washington Roundup Senate Finance Committee Chairman Ron Wyden (D-OR) made a pitch for tax reform last week, urging Congress to renew the expired tax extenders so it can […]